Hillenbrand Declares First Quarter Dividend of $0.225 Per Share

Hillenbrand (NYSE: HI) has announced its quarterly cash dividend declaration of $0.225 per share on common stock.

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Rhea-AI Summary

Hillenbrand (NYSE: HI) has announced its quarterly cash dividend declaration of $0.225 per share on common stock. This represents an annual increase of $0.01 per share, bringing the total annual rate to $0.90 per share for fiscal 2025. The dividend will be paid on December 31, 2024, to shareholders recorded as of December 16, 2024.

Positive

Dividend increase of $0.01 per share annually
Consistent quarterly dividend payment maintained at $0.225 per share
Annual dividend rate of $0.90 per share for fiscal 2025

Negative

Minimal dividend increase of only 1.1% annually

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12/05/2024 - 04:15 PM

BATESVILLE, Ind., Dec. 5, 2024 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.225 per share on the company's common stock. On an annualized basis, this is an increase of $0.01 per share to a total rate of $0.90 per share in fiscal 2025. The dividend is payable December 31, 2024, to shareholders of record at the close of business on December 16, 2024.

About Hillenbrand
Hillenbrand (NYSE: HI) is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. Our portfolio is composed of leading industrial brands that serve large, attractive end markets, including durable plastics, food, and recycling. Guided by our Purpose — Shape What Matters For Tomorrow™ — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders. To learn more, visit: www.Hillenbrand.com.

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SOURCE Hillenbrand

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Hillenbrand's (HI) quarterly dividend amount for Q1 2025?

Hillenbrand's quarterly dividend for Q1 2025 is $0.225 per share.

When is Hillenbrand's (HI) next dividend payment date?

Hillenbrand's next dividend payment date is December 31, 2024.

What is Hillenbrand's (HI) annual dividend rate for fiscal 2025?

Hillenbrand's annual dividend rate for fiscal 2025 is $0.90 per share.

What is the record date for Hillenbrand's (HI) December 2024 dividend?

The record date for Hillenbrand's December 2024 dividend is December 16, 2024.

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Hillenbrand Declares First Quarter Dividend of $0.225 Per Share